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512 Roosevelt Street

512 Roosevelt Street, Lafayette, LA 70503
Property in Lafayette
Sold Aug 18, 2020
$160,000
$106,000 by Assurance Financial Group Llc
Mortgage Due Sep 01, 2050
Sold Aug 05, 2005
$140,000
$112,000 by Iberiabank
Mortgage Due Sep 01, 2035
Local assessors in Lafayette, LA have categorized 512 Roosevelt Street as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 512 Roosevelt Street has a total of 1,400 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 512 Roosevelt Street was last sold in Aug 18, 2020 for $160,000. According to our calculations, that's $114.29 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Aug 5, 2005. Current property owners are expected to pay $897 in taxes per year. The property on 512 Roosevelt Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,683. To break that down further, the land itself was valued at $3,064. While improvements to the property were assessed at a total of $11,619. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK ADDITION
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 30 BLK 1 COLLEGE PARK ADDITION (25X140) LOT 31 BLK 1 COLLEGE PARKS ADDITION (35X140) PT OF ABANDONDED ALLEY IN BLK 1 COLLEGE PARK ADD (6X60)

Ownership

  • Current Owner : GERSTNER GRETA ANN
  • Previous Owner : GERSTNER GARY WILLIAM
  • Previous Owner 2: GERSTNER ANN ELIZABETH
  • Owner Before Previous Owner: ZAPPI WILLIAMS DOUGLAS CHARLES
  • Owner Before Previous Owner 2: ZAPPI WILLIAMS ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 002200

Geography

  • District: 04
  • Parcel: 6012674
  • Block: 1
  • Lot: 30-31
  • Meridian: SEC 067 TWN 09S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.2133
  • Longitude: -92.0147

    Address

  • Full Address: 512 Roosevelt St
  • Address - House Number: 512
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: St
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C054
  • 4-Digit Zip Code: 2113
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $897
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 209,163
  • High Value: 255,662
  • Low Value: 162,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,000
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $106,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $146,830
  • Market Land Value: $30,640
  • Market Improvement Value: $116,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,683
  • Assessed Land Value: $3,064
  • Assessed Improvements Value: $11,619

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11788174883
  • Current Sale Price: $160,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2020-00029160
  • Previous Sale Recording Date: Aug 05, 2005
  • Previous Sale Contract Date: Aug 05, 2005
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $106,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Aug 05, 2005
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 512 Roosevelt Street located in?
The 512 Roosevelt Street is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 512 Roosevelt Street?
The average sales price for units in 512 Roosevelt Street is $0 currently.

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